Regeneron breaks ground for new facilities at Tarrytown campus (video)

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Governor Kathy Hochul at the Regeneron groundbreaking in Tarrytown

TARRYTOWN – The groundbreaking for Regeneron’s previously announced $1.8 billion research, preclinical manufacturing and support facilities at the company’s Westchester County campus in Tarrytown was held Wednesday.

The biotechnology company that invents and manufactures life-transforming medicines for people with serious diseases, committed to creating at least 1,000 new full-time, high-skill jobs in the Mid-Hudson Region over the next five years.

Governor Kathy Hochul, who attended the formal groundbreaking ceremony, praised the company for staying in New York and creating more jobs.

“Thank you for having faith in or state through some good times and some bad. You could have gone to other states; there were other options available. You planted the flag here again for another generation of creating life-saving medicines and medicines that are going to give people a quality of life that they have been denied, no fault of their own, because they have been struck down with a disease,” she said.

To encourage Regeneron’s continued expansion in New York State, Empire State Development is supporting the project with up to $100 million in performance-based Excelsior Jobs Program tax credits, consistent with the company’s hiring goals.

Regeneron considered several potential sites in the tri-state area before deciding to expand in the Mid-Hudson region.